insurance payments News

Fraud Plagues Disaster Relief Efforts

PANAMA CITY, Fla. — As the scale and frequency of major disasters escalate, millions of dollars in federal, state and insurance payments intended for recovery efforts are being stolen by fraudsters taking advantage of chaos and the pipeline of aid …

Malaysia Airlines Begins Insurance Payments

Malaysia Airlines has begun giving out $50,000 in advance insurance payments to families of people aboard missing Flight 370, but many Chinese relatives have indicated they’ll reject it. The jet is thought to have crashed in the Indian Ocean on …

Minnesota Sues BP for $25M for Cleanup of Leaky Tanks

Minnesota is suing British Petroleum for $25 million, alleging the company double dipped when it sought state funds on top of insurance payments to clean up contamination from leaking petroleum storage tanks. The Department of Commerce and Minnesota’s Petrofund Board …

Davenport OKs $1.2M Plan to Repair Lodge

The Davenport City Council has approved a $1.2 million plan to rebuild the historic Credit Island Lodge after a devastating fire last spring. The council unanimously approved the plan Wednesday, nearly four months after a fire ripped through the 91-year-old …

Crop Insurance Rule Causing Confusion for Some

Last year’s drought has contributed to confusion over crop insurance rules for some Upper Midwest farmers who couldn’t get a crop in the ground this past spring due to the opposite weather extreme – too much moisture. Some farmers are …

West Virginia Volunteer Fire Department Shut Down Until Insurance Paid

The West Virginia towns of Montgomery and Boomer are providing fire protection for Smithers after the town’s volunteer fire department was shut down. WSAZ-TV reports that the Smithers Volunteer Fire Department fell behind in its insurance payments and was closed …

Pay For Insurance Continues to Wow the Insurance Industry by Bringing Secure and Affordable Payment Services

Houston, TX, 03/21/2012 – Pay For Insurance is taking the insurance world by storm with an online payment system that is designed to provide insurance agents, companies, and brokers the ease to collect payments with a click of a button. …

Insurers in Delaware Diocese Bankruptcy Balk at $15M Payout

A dispute over insurance payments is threatening to blow up the Catholic Diocese of Wilmington’s bankruptcy reorganization plan. Under the plan, the diocese, its parishes and affiliated entities would be released from legal claims related to priest sex abuse in …